The Federal Reserve has been consistently lowering interest rates over the last year, making a certificate of deposit (CD) account a less appealing prospect than it was in 2023 and 2024 when interest ...

A jumbo CD is the same as a standard CD, except that it pays a higher APY in exchange for a significantly larger opening deposit, typically around $100,000. Like standard CDs, jumbo CDs offer fixed ...

Amy Nichol Smith spent more than 20 years working as a journalist for TV and newspapers before transitioning to software and hardware product reviews for consumers and small businesses. She has been ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Chase offers flexible terms but low APYs on its certificates of deposit Rebecca ...

Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.

Discover Bank products are no longer available through this site, and content may be out of date A certificate of deposit, or CD, lets you lock in an interest rate for a fixed amount of time. This ...

A brokered CD is bought through a brokerage firm rather than a bank. It offers most of the benefits of a traditional CD, plus longer terms and higher interest earnings. At the same time, brokered CDs ...

The Federal Reserve cut rates on December 10, marking the third consecutive rate cut this year. While lower borrowing costs might help with credit card debt and mortgages, there's a downside for ...

Certificates of deposit continue to offer returns that keep you ahead of rising prices. You can lock in returns of 3.50% to 4.00% APY and more without touching the stock market — rates that actually ...